Robert Lowe's wit and brilliance made him one of the most admired and detested figures of the Victorian age. But he was also the only classical economist to become Chancellor of the Exchequer, and this is the first study of him by a fellow economist. It shows how as Chancellor he caused a riot with his proposed match tax and hankered to take Britain into a single European currency.
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'Maloney both rescues Lowe from the worst caricatures of his political economy and conveys something of the excitement and significance of how an earlier age confronted the cardinal choice of government or market as they adapted to and forged the latest stage in the development of capitalism and democracy.' - Roger Middleton, Journal of the History of Economic Thought , Volume 28, Number 4, December 2006